Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street

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Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street

//business-finance.news-articles.net/content/202 .. ep-of-correction-territory-says-wall-street.html

Published in Business and Finance on Wednesday, May 21st 2025 at 11:00 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

In an article published on March 12, 2025, by Fortune, analysts from UBS, Deutsche Bank, and US Bank discussed the potential impact of former President Donald Trump's proposed tariffs on the U.S. economy. The article highlights that Trump's plan to impose a 10% tariff on all imports and a 60% tariff on Chinese goods could lead to a significant market correction. UBS predicts a potential 5% drop in the S&P 500, while Deutsche Bank foresees increased inflation and reduced consumer spending. US Bank analysts suggest that these tariffs could trigger a trade war, negatively affecting global economic growth. The consensus among the banks is that such policies would disrupt current market stability and could lead to broader economic repercussions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/12/trumps-tariffs-market-correction-ubs-deutsche-us-bank-analysis/ ]

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